These 3 Altcoins Record 24H Gains Over 10% Amidst Market Revival

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ORDI

  • The top three gainers today were, JasmyCoin, Arweave and ORDI. 
  • The crypto market witnessed a 0.97% surge in market cap in the past 24 hours.

The crypto market has sustained a bullish trend in the past two weeks. Leading cryptocurrency Bitcoin, has surged by 0.54% in the last 24 hours. Ethereum has also witnessed an increase by 1.06% since Thursday. The overall market cap has increased by 0.97% in the past 24 hours. In particular, Trump-based meme coins exhibited a notable price rally, having been fueled by the guilty verdict. 

According to CMC data, at the time of writing, the three top gainers in the last 24 hours are JasmyCoin (JASMY), ORDI (ORDI ) and Arweave (AR) 

JasmyCoin (JASMY) 

JasmyCoin, the token of Japan-based platform Jasmy, has observed an impressive surge of 20.36% in the past 24 hours. The Jasmy organisation, often referred to as the Japanese Bitcoin, develops Internet of Things (IoT) platforms.The Ethereum-based token, JasmyCoin has shown an upward trend since the beginning of this week, and is currently the top gainer in the market.  

JASMY/USDT Daily Trading Price (Source: TradingView)

At the time of writing, it is trading at $0.030968  with a weekly increase of 42.80%. In the opening hours of May 31, the token hit its weekly high at the $0.032 level, after which it witnessed a price dip to the $0.30 mark. With a monthly performance of 82.77% JASMY is currently in a bullish trend.

Arweave (AR) 

Arweave (AR), the native token of the decentralised platform, Arweave stands second in the top gainers list. AR has shown an increase of 17.77% in the past 24 hours and is currently trading at $44.01. The coin has witnessed a bullish trend since May 30, after the recent price dip over the week. 

AR/USDT Daily Price Chart (Source: TradingView)

Additionally, it began the week trading at the $40 mark, with price dips dragging it to a weekly low of $37.28 on May 30. After hitting the weekly-low, Arweave showed an upward trend that has been sustained in the last 24 hours. 

Notably, the Arweave platform is known for ensuring data permanence using the decentralised approach within Web3.

ORDI (ORDI) 

ORDI, the token of ORDI protocol, is the third top gainer of the day with a surge of 13.89%. At the time of writing, ORDI is trading at $49.36, having hit the weekly high during Asian midday at $51.63. 

ORDI/USDT Daily Trading Price (Source: TradingView)

Zooming out over the month, the ORDI coin has shown increased volatility. According to TradingView data, the long-term 21-day SMA stands below the current trading price indicating ORDI’s price to be bullish. The token has surged by a notable yearly increase of 488% in market price.

Additionally, Ordinals Protocol records inscriptions of Satoshi, the lowest unit of Bitcoin. ORDI coin is the token of the protocol which helps bring Non-Fungible Token (NFT) capability to the Bitcoin Blockchain.

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https://cryptodaily.co.uk/news-in-crypto/thenewscrypto:these-3-altcoins-record-24h-gains-over-10-amidst-market-revival

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About the Author: Daniel